Algonquin Acquisition – Future Chick-fil-A

Kensington recently acquired the former ALDI Grocery at the SEQ of Randall Rd and Stonegate in Algonquin to redevelop into a Chick-fil-A restaurant.  Construction will commence this summer.


Now Open! Cooper’s Hawk Winery, Morton Grove

Kensington is pleased to announce the new opening of Cooper’s Hawk Winery in Sawmill Station.  The new upscale casual dining restaurant includes a full-service bar, private dining room, and Napa style tasting room is located at the SEC of Dempster and Waukegan.


Recently Acquired! Woodstock, IL

Kensington is proud to announce the acquisition of a 2.3 acre parcel located at US 14 and American Way, Woodstock, IL for a future Aldi.  Kensington and Aldi will break ground in 2021 for a 2022 opening.


JUST CLOSED! Arden Hills, MN

Kensington and IM Properties are pleased to announce the acquisition of an industrial building on 4.5 acres at SWQ of Lexington and Red Fox, Arden Hills, MN for future retail redevelopment! This is Kensington and IM Properties first acquisition in Minnesota.  The property is located across the street from Super Target at a future signalized … [MORE]


Acquisition of Future Redevelopment in Centennial, Colorado

Kensington and IM Properties are pleased to announce the acquisition of Quebec Village in Centennial, CO! The acquisition represents Kensington and IM Properties first acquisition in Colorado, and the 131,642 SF Shopping Center will be a future redevelopment.


ALDI Algonquin – Grand Opening

The new Aldi is now open in Algonquin!  Kensington Development is pleased to announce the grand opening of Aldi in its newly constructed location at the SWQ of Randall and Harnish on 1/6/21.  Visit the new store for your low-price fresh produce and daily essentials.


Sawmill Station Openings!

Kensington is beyond excited to announce the Grand Openings of Kohl’s, Starbucks, Dollar Tree, Raising Canes, and Aspen Dental in Sawmill Station, Morton Grove this month. Thank you to the following brokers for completing transactions with Kensington Development: Matt Moran and Jon Reese for Kohl’s, Adam Secher and Will Crowden for Starbucks, Mark Rubin for … [MORE]


Verge of Completion -Market Centre-Westmont

Kensington Development Partners and IM Properties are pleased to share the progress video of the recently opened LA Fitness, Starbucks, and nearly completed Market Centre project.  Limited space available including +/- 2,837 SF endcap, +/- 10,000 SF BTS, and .85-acre outlot fronting 63rd Street.  View our progress video.


Aldi’s Construction Progressing in Algonquin

Kensington Development is pleased to share that construction is progressing nicely for the new Aldi in Algonquin, IL.  The construction of the new store is located at the SWQ of Randall and Harnish Rd within the Oakridge Court Shopping Center.  This Aldi is a relocation of the existing store one mile north.


Near Completion of Starbucks Anchored Strip in Westmont

Kensington Development Partners, IM Properties, are pleased to share the near completion of our Starbucks anchored strip center within our Market Centre development in Westmont, IL.  We look forward to the future openings of Starbucks, Bank of America, and Great Clips.  Limited small shop space remains.